| Tiger Woods' Marital Woes |
The events that have unfolded after the unfortunate incident at Tiger Woods' home at 2:30 AM on the day after Thanksgiving have been nothing short of extraordinary. There have been rumors of infidelity with as many as twelve different women. There have also been rumors that Mr. Woods will have to renegotiate his pre-nuptial agreement with his wife Elin Nordegren, a former model. In my experience Mr. Woods should be thankful that he had a pre-nuptial agreement in the first place. Although recent news reports have estimated that she will receive up to $100,000,000.00, if the couple divorces, this number seems highly unlikely. It is far more likely that he signed a pre-nuptial agreement for somewhere between ten and twenty million dollars. Even if he renegotiates this in order to save his marriage and adds another five or ten million, it would still be a tiny percentage of his net worth. This situation illustrates the necessity for someone like Mr. Woods signing a pre-nuptial agreement. His public image may be tarnished temporarily; however, his bank balance will not be taking a serious hit. His reported one billion dollar net worth should remain mostly intact.
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